Tag Archives: economic collapse

When is the U.S. banking system going to crash? I can sum it up in three words. Watch the derivatives. It used to be only four, but now there are five “too big to fail” banks in the United States that each have more than 40 trillion dollars in exposure to derivatives. ...

Another conspiracy “theory” becomes conspiracy “fact” as The FT reports “a cluster of central banking investors has become major players on world equity markets.” The report, to be published this week by the Official Monetary and Financial Institutions Forum (OMFIF), confirms $29.1tn in market investments, held by 400 public sector institutions in 162 countries, which ...

When financial markets in the United States crash, so does the U.S. economy. Just remember what happened back in 2008. The financial markets crashed, the credit markets froze up, and suddenly the economy went into cardiac arrest. Well, there are very few things that could cause the financial markets to ...

Fears over race wars, economic fallout prompt new military battalions. Despite being one of the most stable and economically vibrant countries in the world, primarily as a result of its refusal to join the Euro, Switzerland is preparing for mass civil unrest in central Europe that could spill over its ...

Come November, the American people will be faced with two distinct options; reelect President Barack Obama or vote for Mitt Romney. The liberal Democrat and the Republican conservative seem to stand in stark contrast. They come from different backgrounds and have different views on most social issues like same-sex marriage, ...

Spanish consumers are pulling their cash out of banks at record levels, according to figures released on Tuesday. Private sector deposits fell by nearly 5 percent in July to €1.509, the Telegraph reported, citing European Central Bank data, as public confidence in the banking system reached all-time lows amid a worsening economic ...

JPM’s $150 Billion FDIC Reality Adjustment Reuters published an exclusive story this morning: U.S. banks told to make secret plans for preventing collapse Buried in the final paragraph: In a presentation in March, JPMorgan Chase said it had a recovery plan in place and said it was ordered by regulators. ...

In a harbinger of what may be coming our way in the Fall of 2012, billionaire financier George Soros has sold all of his equity positions in major financial stocks according to a 13-F report filed with the SEC for the quarter ending June 30, 2012. Soros, who manages funds through various ...

America is quickly approaching a catastrophic economic collapse. Before you dismiss this as hype or paranoia, take a few minutes to review the facts outlined on this page. The numbers don’t lie. At this point, the dollar crash is unavoidable… far from an exaggeration this is a mathematical certainty. As ...

If you are looking for opinions on the current state of the country, former TARP Inspector General Neil Barofsky is opening up about what he thinks of America. And, if you ask him, the whole nation might be pretty damn fucked. Barofsky served the watchdog role for the Troubled Asset ...